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Iran–U.S. Negotiations & Shipping Disruptions: What It Means for Your Wallet

  🔴 Breaking — This Morning President Trump posted on social media Saturday that a peace deal with Iran is "largely negotiated" and will be announced shortly. The Washington Post reports (May 25, 2026) that the U.S. and Iran are actively working toward a framework deal that would extend the ceasefire and reopen the Strait of Hormuz. Oil prices have already reacted — Brent crude fell more than 5% to around $98 a barrel on the news. After nearly three months of conflict, spiralling energy prices, and stalled talks, there is cautious optimism today that a diplomatic breakthrough between the United States and Iran could be imminent. But what exactly is being negotiated — and what does it actually mean for Canadians and consumers at the gas pump, the grocery store, and beyond? Here is everything you need to know, updated with today's latest developments. $4.51 U.S. avg. gas price/gallon — up 51% since the war began -5.2% Brent crude drop today on deal optimism (to ~$98/barre...
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Trump's Public Disagreement with Intelligence Chief on Iran Raises Eyebrows

In a rare public rebuke, former President Donald Trump contradicted his own Director of National Intelligence over the assessment of Iran's nuclear ambitions. The moment, which sparked significant attention, unfolded after intelligence officials testified before Congress, suggesting that Iran was not actively pursuing a nuclear weapon at that time—a conclusion grounded in the intelligence community's most recent findings.

Trump dismissed this view, asserting that Iran remained a significant threat and that his administration's pressure campaign, including sanctions and withdrawal from the 2015 nuclear deal, was justified.

"I disagree with certain aspects of the intelligence community’s assessment," Trump said during a press interaction. "They’re wrong when it comes to Iran and their nuclear intentions."

This public split between the president and top intelligence officials sparked concern among policymakers and analysts, who viewed it as a potential sign of disconnect between the White House and its national security apparatus. Critics argued it undermined the credibility of the intelligence community, while supporters claimed it reflected Trump’s unfiltered style and determination to follow his own instincts on foreign policy.


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